Modern Method of Auction
Auction date not yet published
3-bedroom bungalow · DN36 4QJ
For saleReduced £15k (−5.6%) on 18 SepListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no forward chain and via the Modern Method of Auction, this detached bungalow occupies a generous plot on the highly regarded Station Road in New Waltham and presents an excellent opportunity for buyers seeking a project with potential.
Although requiring a programme of modernisation throughout, the property offers spacious and versatile accommodation comprising a lounge, dining room, sitting room, kitchen, three double bedrooms, family bathroom and separate WC.
To the front, there is ample off-road parking, a garage and established gardens.
The standout feature is the substantial rear garden, providing an impressive outdoor space with a large outbuilding that requires refurbishment but offers exciting possibilities, subject to the necessary consents and investigations.
With its desirable location, generous plot and flexible layout, this property presents a rare opportunity for improvement, extension or redevelopment potential, subject to all relevant planning permissions and statutory approvals.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional. Entrance Hall Entering the property into the porch leads into the hall with a radiator.
Lounge (17' 8'' x 13' 4'' (5.38m x 4.06m)) The lounge has French doors to the front elevation with a window either side and two radiators.
Dining Room (15' 5'' x 16' 9'' (4.70m x 5.11m)) The dining room has a window to the side elevation and a radiator.
Kitchen (7' 9'' x 11' 11'' (2.36m x 3.62m)) The kitchen has three windows to the rear elevation, a tiled floor and a range of fitted units with a sink and drainer and plumbing both a dish washer and washing machine.
Conservatory With sliding patio doors to the rear elevation, a door to the side and a radiator.
Bedroom One (13' 3'' x 20' 0'' (4.04m x 6.10m)) Bedroom one has two windows to the front elevation, a radiator and built in storage.
Bedroom Two (9' 11'' x 13' 11'' (3.01m x 4.23m)) Bedroom two has a window to the side elevation and a radiator.
Bedroom Three (14' 1'' x 9' 0'' (4.30m x 2.74m)) Bedroom three has dual aspect windows to the side and rear elevation and a radiator.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 277, Station Road, New Waltham
Explore nearby